Principal Spectrum Preferred Securities Active ETF
PREF
15 hedge funds and large institutions have $35.8M invested in Principal Spectrum Preferred Securities Active ETF in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
7% more funds holding
Funds holding: 14 → 15 (+1)
6% less capital invested
Capital invested by funds: $37.9M → $35.8M (-$2.1M)
22.22% less ownership
Funds ownership: 398.18% → 375.96% (-22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$477K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$301K |
| 3 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$290K |
| 4 |
Bank of New York Mellon
New York
|
+$272K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$99.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.29M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.05M |
| 3 |
VF
Virtu Financial
New York
|
-$811K |
| 4 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
-$478K |
| 5 |
DP
Dearborn Partners
Chicago,
Illinois
|
-$11.8K |
PREF Hedge Fund Activity: Q3 2018 in Review
15 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Principal Spectrum Preferred Securities Active ETF (PREF) for Q3 2018, worth a combined $35.8M — down 5.5% from $37.9M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PREF positions and 1 closed out — a net gain of 1 holder — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $477K. The largest seller was Jane Street, cutting an estimated $1.29M.
- 15 institutional investors held Principal Spectrum Preferred Securities Active ETF (PREF) as of Q3 2018, up from 14 in Q2 2018.
- Funds reported $35.8M of Principal Spectrum Preferred Securities Active ETF stock for Q3 2018, down 5.5% quarter-over-quarter.
- 2 funds opened new Principal Spectrum Preferred Securities Active ETF positions in Q3 2018 and 1 closed out, a net change of +1 holder.
- The largest Principal Spectrum Preferred Securities Active ETF buyer in Q3 2018 was Bank of America, an estimated $477K added.
- The largest Principal Spectrum Preferred Securities Active ETF seller in Q3 2018 was Jane Street, an estimated $1.29M sold.
Based on aggregated 13F filings for Q3 2018.